Rectory Lane - SM7 3PP
Key Postcode Insights
SM7 3PP is a residential postcode situated on Rectory Lane, Banstead, SM7 with 13 addresses.
It ranks as the 193rd largest and 3rd most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 2 houses and 11 flats.
- Ave. Sale Price
- £262,487
- 10 Year change
- up 9.1%
- Ave. Rental Price
- £1,249pcm
- 10 Year change
- up 36.1%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
SM7 3PP is a residential postcode situated on Rectory Lane, Banstead, SM7 with 13 addresses.
It ranks as the 193rd largest and 3rd most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 2 houses and 11 flats.
- Ave. Sale Price
- £262,487
- 10 Year change
- up 9.1%
- Ave. Rental Price
- £1,249pcm
- 10 Year change
- up 36.1%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin SM7 3PP
- 1A Rectory Lane
House
- 2A Rectory Lane
2 Bed Early-century Flat
- 3A Rectory Lane
2 Bed Early-century Flat
- 4 Rectory Lane
Building | 2 Flats
- 5 Rectory Lane
Building | 2 Flats
Sales Market Trends
The last sale in SM7 3PP sold for £10,000 on 20th January 2025. Since then prices are down an average of 1.8%.
The current average value in the postcode is £262,487.
The SM7 3PP Sales Market has increased by 9.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £262,487 |
| June 2025 | 1% | £268,363 |
| June 2024 | -0.7% | £265,790 |
| June 2023 | -0.9% | £267,697 |
| June 2022 | 6.3% | £270,197 |
| June 2021 | 3.9% | £254,175 |
| June 2020 | 3.2% | £244,562 |
| June 2019 | -1.7% | £236,987 |
| June 2018 | -0.9% | £241,152 |
| June 2017 | 1.1% | £243,227 |
| June 2016 | 12.8% | £240,643 |
| June 2015 | 10.3% | £213,255 |
| June 2014 | 12.9% | £193,403 |
| June 2013 | 3.5% | £171,344 |
| June 2012 | 2.7% | £165,557 |
| June 2011 | -2.8% | £161,133 |
| June 2010 | 11.5% | £165,824 |
| June 2009 | -12.5% | £148,704 |
| June 2008 | -0.2% | £170,024 |
| June 2007 | 0% | £170,360 |
Rental Market Trends
The current average rental value in the postcode is £1,249.
The SM7 3PP Rental Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,249pcm |
| June 2025 | 3.8% | £1,201pcm |
| June 2024 | 4.8% | £1,157pcm |
| June 2023 | 12.3% | £1,104pcm |
| June 2022 | 5.7% | £982pcm |
| June 2021 | 2.7% | £929pcm |
| June 2020 | 2.7% | £905pcm |
| June 2019 | 0.6% | £882pcm |
| June 2018 | 0.1% | £877pcm |
| June 2017 | -4.6% | £876pcm |
| June 2016 | 7.4% | £918pcm |
| June 2015 | 7.2% | £855pcm |
| June 2014 | 3.4% | £798pcm |
| June 2013 | 5% | £772pcm |
| June 2012 | 3% | £735pcm |
| June 2011 | 3% | £713pcm |
| June 2010 | 4% | £693pcm |
| June 2009 | -8.8% | £666pcm |
| June 2008 | 6.4% | £731pcm |
| June 2007 | 0% | £686pcm |
Sales History
The last sale was on 20th January 2025 for £10,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 10 sales since 1995.
SM7 3PP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2025£10,000 | 2 Bed Flat8, Rectory Lane, Banstead, SM7 3PP8, Rectory Lane, Banstead, SM7 3PP
- Sold Mar 2022£450,000 | 3 Bed House5, Rectory Lane, Banstead, SM7 3PP5, Rectory Lane, Banstead, SM7 3PP
- Sold Mar 2011£122,000 | 2 Bed Flat8, Rectory Lane, Banstead, SM7 3PP8, Rectory Lane, Banstead, SM7 3PP
- Sold Feb 2008£140,000 | 2 Bed Flat8, Rectory Lane, Banstead, SM7 3PP8, Rectory Lane, Banstead, SM7 3PP
- Sold Feb 2005£147,000 | 3 Bed House1A, Rectory Lane, Banstead, SM7 3PP1A, Rectory Lane, Banstead, SM7 3PP
Nearby Postcodes
SM7 3PP is the 193rd largest and the 3rd most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3PT, Pine Walk, Banstead, SM7SM7 3PT3 Addresses|80 m away
- SM7 3PW, Rectory Lane, Banstead, SM7SM7 3PW6 Addresses|81 m away
- SM7 3PF, Manor Way, Banstead, SM7SM7 3PF10 Addresses|172 m away
- SM7 3PY, Pine Walk, Banstead, SM7SM7 3PY21 Addresses|185 m away
- SM7 3PN, Manor Way, Banstead, SM7SM7 3PN32 Addresses|211 m away
Property Types
- 11 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- early-century flat (11)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is E.
- A (0)
- E (4)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Aug 2012£1,999,999 | 5 Bed HouseManor House, Rectory Lane, Banstead, SM7 3NRManor House, Rectory Lane, Banstead, SM7 3NR
- Sold Nov 2007£900,000 | 5 Bed HouseBlencathra, Rectory Lane, Banstead, SM7 3PABlencathra, Rectory Lane, Banstead, SM7 3PA
- Sold May 2011£850,000 | 5 Bed HouseThe Old School House, Rectory Lane, Banstead, SM7 3PBThe Old School House, Rectory Lane, Banstead, SM7 3PB
Schools Nearby
- Chipstead Valley Primary School400 m away
- Woodmansterne Primary School1.3 km away
- St Aidan's Catholic Primary School1.4 km away
- Woodcote High School2.4 km away
- Oaks Park High School3.3 km away
- The Beacon School3.4 km away
More reading links
Public Transport Nearby
The closest station to SM7 3PP is Chipstead station, which is 800 metres away.
- Chipstead|800 m away
- Woodmansterne|900 m away
- Coulsdon South|2.0 km away
- Coulsdon Town|2.3 km away
